The former M&S boss said it was time to rally behind Theresa May to “try to get the best possible deal”

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He predicted companies would become “cautious” over investment as the Brexit proceeds.

And he said any new tariffs and taxes resulting from EU withdrawal could lead to “difficult times”.

Lord Rose told BBC Radio 4’s Today programme: “What I worry about is that ... not only in retail but in other sectors as well, companies will do a little bit what consumers are doing and they will become cautious.